Ronald McDonald House (Dayton)

Investment

  • NMTC Amount: $13,000,000
  • Total Project Cost: $29,000,000

IMPACT

  • 165 FTE jobs
  • 89 construction jobs
  • 38,000 sq. ft. of real estate

Investor

Project Description

New tax credits are expected to boost the new Ronald McDonald House Charities facility near Dayton Children’s Hospital, CityWide Development Corp. said Tuesday. CityWide announced $13 million in federal NMTCs for the new Valley Street facility, where construction has started. The new facility will be three stories tall, equipped with 42 guest rooms. Construction on the 38,000 sq. ft. building is expected to be complete late next year.

MAP

Address: 555 Valley Street, Dayton, OH 45404

Census Tract: 39113001802

Other Ohio Projects

Construction of a 189,000 sq. ft. commercial office building to be leased for 17 years by the University of Cincinnati.

Rural King used the proceeds of a NMTC Loan to finance acquisition and installation costs of certain equipment and machinery to be used by Rural King in its 1,000,000 sq.

Bethany House Services used NMTC financing to construct a new 222-bed homeless shelter facility and comprehensive services center to significantly streamline its operations and expand its physical capacities.
Construction of a 40,000 sq. ft. “food campus” consisting of a small-scale food market or free food distribution point, plus a community kitchen, meeting rooms for local nonprofits and an